Axis Shah Alam Distribution Centre 2


 



 

 

Axis Shah Alam Distribution Centre 2 (SADC2) comprises a single-storey warehouse cum single-storey and double-storey office building. The property is currently occupied by Total Logistic Services (M) Sdn Bhd, a logistics provider that offers a full range of services, including freight forwarding, warehousing, distribution, consultations and transportation services for domestic and international companies. Additionally, 145,314 square feet of rooftop area from Axis Shah Alam DC2 is tenanted by two tenants that have mounted solar electric generating systems.

The property is located within a planned industrial/commercial area in Section 16, Shah Alam. It enjoys dual frontages on Jalan Pahat 16/8A and Jalan Gudang 16/9 and is easily accessible from Kuala Lumpur, Petaling Jaya and Klang via the Federal Highway, KESAS and North South Expressway Central Link (ELITE). The strategic location is suitable for logistics companies as it provides easy access to key ports, airports, residential and commercial centres such as Klang, Port Klang, Subang Jaya and Kuala Lumpur.

 

PURCHASE PRICE
RM45,000,000

APPRAISED VALUE
RM52,000,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

31 March 2015

NUMBER OF
TENANTS

2

LAND AREA
257,507 sq ft
[23,923 sq m]

NET LETTABLE
AREA

164,400 sq ft
[15,273 sq m]

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
H.S(D) 293642, PT 2233, Seksyen 16, Bandar Shah Alam, District Petaling, State of Selangor.

AGE OF BUILDING
Warehouse : 40 years
Office : 14 years

ADDRESS
Lot No. 10 & 12, Jalan Pahat 16/8A
Lot No. 11 & 13, Jalan Gudang 16/9
Section 16
40200 Shah Alam
Selangor

MAJOR TENANTS
Tele-Paper (M) Sdn Bhd
Total Logistics Services (M) Sdn Bhd